Southport Acquisition Past Earnings Performance
Past criteria checks 0/6
Southport Acquisition's earnings have been declining at an average annual rate of -84.9%, while the Capital Markets industry saw earnings growing at 9.7% annually.
Key information
-84.9%
Earnings growth rate
-76.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Southport Acquisition makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 0 | 3 | 1 | 0 |
| 30 Sep 23 | 0 | 6 | 1 | 0 |
| 30 Jun 23 | 0 | 7 | 1 | 0 |
| 31 Mar 23 | 0 | 9 | 1 | 0 |
| 31 Dec 22 | 0 | 18 | 1 | 0 |
| 30 Sep 22 | 0 | 18 | 1 | 0 |
Quality Earnings: PORT has a large one-off gain of $6.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: Insufficient data to determine if PORT's profit margins have improved over the past year.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PORT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: PORT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PORT had negative earnings growth (-84.9%) over the past year, making it difficult to compare to the Capital Markets industry average (3.3%).
Return on Equity
High ROE: PORT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.